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TomNewYork
Aug 11, 2015 6:44 PM

Silver Gold Ratio Bottoming out 

XAGUSD/XAUUSDICE

Description

Silver Gold ratio is near bear market lows/bottom.

This is the Monthly chart and a double bottom and higher low was recently seen on the ratio with a monthly hammer candlestick.

We may be pretty close to a final low bottom in the silver and gold. Gold may swing down one more time to near 1000, however miners may hold up better.

This low in the metals seems to be coordinated/opposite to a major final high in the USA stock market.
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